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FX: Aussie Looks Bullish Ahead of RBA Minutes
 
The Reserve Bank of Australia will release the last meeting minutes early on Tuesday and will be scrutinized by Aussie traders. In the last RBA policy meeting, the central bank kept the interest rates unchanged at 1.5% and appeared generally and surprisingly optimistic for the economy. They attributed the contraction of the economy in the Q3 to temporary factors, and expressed its perspective for a higher figure in Q4 (GDP Growth was -0.5% quarter-over-quarter in Q3). They also commented that the low inflation was as expected and will return to target over time. Australian CPI was below 1.5% yearover- year in 2016.

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